531 30th Ave, Council Bluffs, IA 51501-7687
- Turn key restaurants
- 3,180 SF
- 0.82 lot acres
Current Use by Public Records
- Jimmy John's / Take-out & Catering / Catering Service
Property Details for 531 30th Ave
- Year built
- 2004
- Lot size
- 0.82 lot acres
- Zone code
- P-C
- Property type
- Turn key restaurants
- APN
- 7444 12 202 001
- APU
- 744412202001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 4, 2016 | — | Lake Manawa Centre LP | Lake Manawa Centre II LLC | Quit Claim Deed · related | — |
| Jun 20, 2007 | — | Lake Manawa Centre II LLC | Lake Manawa Centre | Quit Claim Deed · related | — |
Description
This exceptional retail investment opportunity presents a 3,180 square foot building situated on a 0.82-acre lot at 531 30th Avenue in Council Bluffs, Iowa, zip code 51501. Built in 2004 and zoned Planned Commercial District (P-C), this property offers an absolute NNN lease with a 10-year term and two 5-year renewal options, ensuring long-term stability for the investor. The asking price is $765,000, representing an attractive 8.50% cap rate. The property boasts high visibility and convenient access, situated just off Interstate 80, a major thoroughfare. This strategic location benefits from proximity to other established quick-service restaurants such as McDonald's, Fazoli's, and Taco Bell, creating a high-traffic area with significant consumer footfall. The leasehold interest is included in the sale. This is a rare opportunity to acquire a well-located, high-performing retail property with a strong lease in place and significant upside potential. The property's location and lease terms make it an ideal addition to any diversified investment portfolio. Don't miss this chance to secure a valuable asset in a thriving commercial area.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Council Bluffs
- County
- Pottawattamie
- State
- Iowa
- Longitude
- -95.8491
- Latitude
- 41.2303
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
